When we say supply curves become more elastic over time, we mean ...

[Mollykgkg]

When we say supply curves become more elastic over time, we mean
 
  A) the quantity supplied becomes independent of demand.
  B) any price change has a larger affect on quantity supplied.
  C) the supply curve becomes steeper.
  D) the supply curve shifts upward.

Question 2

In the figure above, the United States ________ airplanes per year.
 
  A) imports 500
  B) exports 500
  C) exports 400
  D) imports 400
  E) exports 200

[pikon]

Answer to Question 1

B

Answer to Question 2

B

[Mollykgkg]

Thanks for the timely response, appreciate it

[mochi09]

Gracias!